Gm and happy Monday! ☕️
Bitcoin update & Hyblock Heatmaps
BTC pumped a bit into the CME close so that there’s no gap.
This reinforces my plan that we’ll likely see a bit more downside, probably down to one of the arrows.
With the most likely scenario being a slight move just below 100k (interesting area forming here in the 1m heatmap as well).
Invalidation would be a clear breakout from the bear flag, but even then, that could just be some trickery to mess with leveraged traders.
Have a great start into the new week and see you soon!
